At a Glance
- Tasks: Lead pricing strategies and forecasts for Business Transaction Banking at Lloyds.
- Company: Join a leading bank committed to inclusivity and innovation.
- Benefits: Enjoy flexible working, generous leave, and a comprehensive benefits package.
- Other info: Collaborative culture focused on diversity, inclusion, and professional growth.
- Why this job: Make a real impact in banking while developing your career in a dynamic environment.
- Qualifications: Experience in banking with strong analytical and strategic skills.
The predicted salary is between 60000 - 75000 £ per year.
Join to apply for the Pricing Manager - Business Transaction Banking role at Lloyds Banking Group.
Job Details
- Location: Birmingham / Bristol / Edinburgh / Glasgow / Leeds / Manchester
- Hours: Full-Time
- Work Pattern: Hybrid, involving at least two days per week at an office
About the Role
We have a fantastic opportunity within our Pricing & Forecasting Team in Business Transaction Banking (BTB), part of Business & Commercial Banking (BCB). This team manages pricing and forecasting for current accounts, savings, client money & term products, supporting customers' banking needs and growing our business through strategic client propositions. The team shapes end-to-end strategy, pricing approach, and balance sheet forecasts at sector, segment, and divisional levels.
Reporting to the Director of Deposit Pricing, the Pricing Manager will:
- Develop and update commercial revenue forecasts for the BTB portfolio.
- Enhance forecasting and value analysis by client, segment, and sector.
- Improve analytics and data sets supporting pricing and forecasting decisions.
- Assess the impact of tactical and strategic initiatives on budgets and forecasts.
Key Responsibilities
- Contribute to strategic change and organizational optimization.
- Manage regular business updates and strategy execution.
- Improve customer and colleague satisfaction through performance metrics.
- Manage balances to meet BCB requirements.
- Enhance pricing experience via analysis and tools.
- Ensure compliance with Group risk appetite.
- Collaborate effectively across partners to foster a 'One Team' culture.
- Build a mentoring culture within the team.
- Present management information to senior leadership and recommend actions.
- Uphold Lloyds Banking Group values.
- Manage supplier relationships and ensure strong partnerships.
- Stay informed on market trends and customer needs.
- Promote diversity, inclusion, and talent development.
Qualifications & Skills
- Proven delivery in banking services, focusing on targets and objectives.
- Strategic thinking and business improvement skills.
- Financial and non-financial analysis capabilities.
- Deep knowledge of pricing, customer behavior, and operational processes.
- Experience delivering large-scale change.
- Customer relationship management skills.
- Strong collaboration and influencing abilities.
Our Offer
We are committed to inclusivity and diversity, offering flexible working arrangements, workplace adjustments, and a comprehensive benefits package including a pension contribution up to 15%, bonuses, share schemes, wellbeing initiatives, and generous leave policies.
Additional Information
- Level: Mid-Senior
- Type: Full-time
- Function: Product Management & Strategy/Planning
- Industries: Banking, Financial Services, Investment Banking
Pricing Manager - Business Transaction Banking in Manchester employer: LLOYDS BANKING GROUP
Lloyds Banking Group is an exceptional employer that prioritises inclusivity and diversity, offering a flexible hybrid work environment across vibrant cities like Birmingham, Bristol, and Manchester. With a strong commitment to employee growth, the company provides comprehensive benefits including generous pension contributions, bonuses, and wellbeing initiatives, fostering a collaborative culture where team members can thrive and contribute to meaningful banking solutions.
StudySmarter Expert Advice🤫
We think this is how you could land Pricing Manager - Business Transaction Banking in Manchester
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like LLOYDS BANKING GROUP. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Pricing Manager - Business Transaction Banking in Manchester
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to LLOYDS BANKING GROUP.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on LLOYDS BANKING GROUP's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at LLOYDS BANKING GROUP
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with LLOYDS BANKING GROUP.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at LLOYDS BANKING GROUP will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former LLOYDS BANKING GROUP employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
